FSCS in-default register

Intelligent Wealth Management Partnership Ltd trading as IWMP

Declared in default30 October 2024FRN 527010

What this means for you

Because Intelligent Wealth Management Partnership Ltd trading as IWMP has been declared in default, you can't complain via the Financial Ombudsman Service in the normal way. Instead, eligible customers can apply to the Financial Services Compensation Scheme for compensation.

Background

Intelligent Wealth Management Partnership Ltd (FRN 527010), which traded as IWMP, provided pension advice, pension transfer services, and self-invested personal pension (SIPP) administration to retail customers. The Financial Services Compensation Scheme (FSCS) declared the firm in default on 30 October 2024. Eligible customers with claims relating to these pension services may be entitled to FSCS compensation of up to £85,000 per person.

Products this firm wrote

Pension advicePension transferSIPP administration

How to claim

  1. Check you were a customer of this firm during the period it was regulated.
  2. Gather your policy / advice / contract paperwork — start with anything you have in writing.
  3. Identify your loss and the date it crystallised.
  4. Apply via the FSCS online claim portal at claims.fscs.org.uk.
  5. The FSCS investigation typically takes 6–18 months. They will assess eligibility, liability and quantum.